Private Investment Management (PIM)


Professionally managed portfolios with personal service

The PIM program is a customized portfolio management program geared toward your specific investment goals. Michael O’Brien, Senior Private Wealth Financial Advisor, who has met stringent criteria based on experience and expertise, acts as your personal portfolio manager.

Is this program right for you?

The PIM program is designed for investors who:

  • Want a customized investment program based on an active approach to asset allocation
  • Prefer a portfolio manager who can make investment decisions on their behalf
  • Are seeking long-term portfolio management through diversification while keeping underlying investment costs to a minimum
  • Seek the flexibility in building and maintaining a portfolio using a diverse selection of investments
  • Value a high level of professional services and personal attention once available only to high-net-worth clients

You can count on us

The Private Investment Management (PIM) program offers customized investment portfolios that can include cash, stocks, bonds, mutual funds, closed-end funds, option strategies, and exchange-traded funds in a single account for an all-inclusive quarterly fee.

To learn more about the PIM program, call us today at (858) 456-7729 or (800) 556-0015. You can also send a direct email to [email protected].

Professional, Personalized Portfolio Management

As a "discretionary" account, your investment account through the PIM program is structured to let your Portfolio Manager make investment decisions on your behalf based on your risk tolerance and financial objectives. When selecting the securities for your portfolio, your portfolio manager conducts a detailed analysis of companies, industries and overall economic conditions. In managing the account, your Portfolio Manager constructs an appropriate asset allocation strategy based on his or her personal investment style. The construction process attempts to maximize returns while minimizing risk to the overall portfolio.

Your portfolio manager is backed by an array of research analysts who have the skills and tools to help you meet your financial goals. When constructing your portfolio, your Portfolio Manager draws upon Wells Fargo Advisors’ internal research capabilities as well as those of external equity research firms whose services Wells Fargo Advisors subscribes to.

Benefits of a Managed Portfolio

By appointing experienced investment professionals to provide you with sound investment advice, manage your portfolio and rebalance your investment mix when necessary, you free yourself from the time-consuming task of choosing and actively monitoring your investments. After allocating your investments, your Portfolio Manager continually manages your portfolio, monitors the markets and manages performance. As part of this process, your Portfolio Manager ensures that your portfolio remains invested in financial instruments most suited to your current needs and objectives.

PIM Program Summary

  • Ability to hold a wide range of asset types within one portfolio, eliminating the need for multiple accounts
  • Top-quality portfolio management expertise and personal services for individuals and institutions who demand a high level of experience and personal service
  • Access to Michael O'Brien, who is a member of a select group of qualified and experienced financial advisors who have met the criteria to act as a Senior PIM Portfolio Manager
  • One fee based on the size of your account rather than traditional trade-based commission charges
  • As each Private Investment Management (PIM®) program account is individually managed, construction and ongoing management of portfolios may vary.

Past performance is not indicative of future results, and there is no assurance that any investment strategy will be successful.

Fees for the PIM program include Advisory services, performance measurement, transaction costs, custody services and trading. Fees are based on the assets in the account and are assessed quarterly. There is a minimum fee of $250 per calendar quarter to maintain this type of account. The fees do not cover the fees and expenses of any underlying packaged product used in your portfolio. Advisory programs are not designed for excessively traded or inactive accounts and are not appropriate for all investors. During periods of lower trading activity, your costs might be lower if our compensation was based on commissions. Please carefully review the Wells Fargo Advisors advisory disclosure document for a full description of our services, including fees and expenses. The minimum account size for this program is $50,000.